Death of the Superintendent. Unless the parties agree otherwise pursuant to paragraph 10.B.(2) above, should the Superintendent separate from employment because of retirement, resignation, permanent disability (which renders the Superintendent incapable of fulfilling her duties under applicable laws and this Contract), termination for cause, termination due to her breach of this Contract, or death, this Contract shall terminate, and all obligations of the Board shall cease except for payment of base salary and benefits through the date of separation. If the termination is because of a judicially determined material breach of this Contract by the Board, the Superintendent shall receive as severance an amount equal to a period of twelve months, or the salary remaining for the term of this Contract if less than one year remains, whichever is the lesser amount, and any benefits to which she may be entitled under this Contract. However, in no event shall the severance for separation be less than an amount equal to six months’ salary. The severance shall be the only amounts owed to the Superintendent, and the Superintendent shall not be entitled to recovery of damages or any other amounts.
Appears in 2 contracts
Sources: Employment Agreement, Employment Agreement